MCA HQ, 4 Dec – The public forum on Hudud and its Implications on non-Muslims in Malaysia”had revealed an interesting and not much talked about aspect of the consequences of implementing hudud laws in a multi-racial country like Malaysia.
While much focus has been made on how PAS’s version of hudud law will discriminate agasint hudud, hardly any mention has been made in the press as to how the economy will be affected by hudud.
MCA President Datuk Seri Dr Chua Soi Lek explained in a press conference that should hudud be implemented, the country’s foreign direct investment will surely be affected. This is because when the world perceives Malaysia to have failed in its protection of human rights, and that punishments are perceived as cruel and a violation of human rights, Malaysia’s standing in the world will drop as investors look elsewhere for businesses and even existing investors will pull out of the country.
Soi Lek also added that the stock market will fall and lots of people will lose money.
Citing the example of Genting Highlands, Soi Lek said “Genting employs 15,000 people, attracts 20 million tourists, and pays tax amounting to RM 1 billion, and PAS has made it clear that they will close it down if they take over the Pahang state government.”
“Therefore, to say that hudud has no implications on non-Muslims, it is a lie and is not true,” he said.
FDI will drop should hudud be implemented
MCA HQ, 4 Dec – The public forum on Hudud and its Implications on non-Muslims in Malaysia”had revealed an interesting and not much talked about aspect of the consequences of implementing hudud laws in a multi-racial country like Malaysia.
While much focus has been made on how PAS’s version of hudud law will discriminate agasint hudud, hardly any mention has been made in the press as to how the economy will be affected by hudud.
MCA President Datuk Seri Dr Chua Soi Lek explained in a press conference that should hudud be implemented, the country’s foreign direct investment will surely be affected. This is because when the world perceives Malaysia to have failed in its protection of human rights, and that punishments are perceived as cruel and a violation of human rights, Malaysia’s standing in the world will drop as investors look elsewhere for businesses and even existing investors will pull out of the country.
Soi Lek also added that the stock market will fall and lots of people will lose money.
Citing the example of Genting Highlands, Soi Lek said “Genting employs 15,000 people, attracts 20 million tourists, and pays tax amounting to RM 1 billion, and PAS has made it clear that they will close it down if they take over the Pahang state government.”
“Therefore, to say that hudud has no implications on non-Muslims, it is a lie and is not true,” he said.
-MCA online-
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